Opinion: Harry Reid: More Taxes, Please

This transcript has been automatically generated and may not be 100% accurate.

... or people are signed the American people don't believe in these ... austere times we believe ... that Richard contribute ... we believe who should fill was tax loopholes ... get rid of them I should say ... and ... that's where we need to go that that's a debate has been his you know the last several months the last couple of years it doesn't see appear that skinny get salt for next month so this question is Can Head George that's what he said ... today's three days a week ... away from the Fiscal clan known revenue ... we are about seven hundred billion dollars revenue ... are still more weak and ... tired ... welcome to Opinion Journal why Mary Kissel ... that was Senate majority leader Harry Reid ... the silly idea of taking more money out of your pocket to give it to yes the government ... to spend it ... so what upon six behind this can the editorial page editor Paul to go is here ... to discuss welcome call ... on the call was so is the plan to get Republicans to agree to tax hikes on the reaction and can do agree on even more tax hikes well it hasn't always been the plan but that is the plan of late ... he and the Democrats are clearly made that the part of their strategy ... they pocketed the first ... big ... tax increase on the first but the latest ... is ... a very big tax increase that achievement one ... increase in rates capital gains dividends ... two percentage points of the payroll tax on almost every worker ... estate tax ... estate tax and of course the Obamacare taxes under ... had already been a lot but don't get ... into one ... ahh and the other view is ... well ... I've that ... the Skidmore ... and are using that as leverage against Republicans who want to reduce spending now ... I was here this kind of rhetoric I always wonder ... when it was raising taxes on these people that Harry Reid wants to raise taxes on really do anything to plug the deficit hole that the White House is pretty small beer and the things he's talking about a minute ... but their campaign is very poll tested the sense that there's coaching this in terms of getting rid of tax loopholes which I fever ... except I favor doing it in terms of effort because ... as part of a larger tax reform that would reduce rates ... they want to ... raise rates tyranny ... and ... Melanie who pulls ... so you double what Amie but their folks in things like ... boiling gas ... tax benefits which really goal manufacturing companies not just oil and gas was up ... there were there talking about um ... other things like jet ... fuel would get you ... to ... reject subsidies which are debatable as corporate subsidies ... I get rid of all home with them like a great step up and went to great so let's talk about the politics of the sequester and are some Republicans to ... not want to ... reduce the impact of the sequester on places like the Pentagon to question how do you see anticipate plane out of this is that at that very reason ... why don't see Republicans giving on taxes and I think they gave it the office ... I know the going along with the other tax increase I don't think they're going to do that they know the politics of that for them would probably be suicidal ... I'm really doing is they're they're supporters ... take away from a pro growth message ... job creation stitch ... so I think you've and what happens is more to ... move on these so ... these are the sequester March for ... its domestic accounts not including entitlements ... in defense accounts ... and we'll see who can take the pain ... to his Republicans want like defense cuts ... Democratic constituencies was like that domestic cuts ... so will see how this plays out and of course the White House will try to portray both as ... to render this awful ... ruinous ... to put pressure on Republicans to give our revenue ... I don't think they will so this is actually a good thing you view was actually finally getting some serious cuts in capital good good good good into so I don't like the way the cuts are going head to toe Kate bought ... it least it shows that the Republican Congress can cut some spending ... somehow all okay ... we have been able to show that so shows that second economically I think the extent that you reduce the claims of future taxes ... through lower spending ... you actually and improve the chances that the economy grows faster than in the meantime Harry Reid wants more tax than the president said is to again ... on Sunday so I think were headed